The Los Angeles Lakers and guard Austin Reaves have reached an agreement on a four year contract worth $185 million. Reaves declined his player option for next season to sign the new deal, which includes a player option in the final year.
Reaves, who went undrafted out of college, has become a key part of the Lakers roster. The new contract makes him the highest paid undrafted player in NBA history. The team can sign the deal after using its cap space this summer.

This move keeps Reaves in Los Angeles for the long term. The Lakers now have more clarity on their guard position as they look to build around their core players.